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Ageing analysis

When a query is defined as Ageing analysis by Sales Group, what do we mean by ageing analysis? Thanks

Former Member replied


Ageing analysis is normally used in AR to reflect the number of days a particular item has been outstanding. For e.g. an invoice was due to be paid on 1st of May 2006 but still hasn't been paid. In that case, it's age is considered as 22 days. Analysis is normally done in buckets of days rather than at an individual day.



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